What's Really Going on with International Production

What’s Really Going on with International Production

by | published August 20th, 2015

The decline in oil prices has wreaked havoc throughout the world… and will have a lasting effect on the markets.

CNBC called in Dr. Kent Moors to discuss what’s really going on with global oil production. Why have the Saudis continued to increase production? How can the smaller OPEC nations handle the decline? Is a big shift coming to the overall international crude debt market? And, long term, which companies are going to bear the brunt?

Find out the answers to these questions – and more – in the following video.

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  1. August 21st, 2015 at 12:34 | #1

    Thank you for emailing me which is very good reading l would like to invest money in oil around 60 to 100.pounds. The reason being I am working nights minimum wage fed up with having no money. Would like your help many thanks Steve

  2. narayanan rosalba
    August 22nd, 2015 at 05:19 | #2

    Kent sir! great to see you again on cnbc. Now this is an all out price war between Saudi and Russia. Saudi will win because they are US ally and Saudi is like walmart -offering the lowest prices daily! There is a reason to that and that is marginal cost! apparently it is only $10 for saudi…and why is kent not admitting it? if my educated guess is right sir, i guess we will see $20 oil for several quarters starting november2015.

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